Industry Association: "The Adoption of Accelerated Depreciation as a Lever for Investment Growth"
This story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.3 Articles
3 Articles
The measure to accelerate the depreciation of new mechanical equipment purchases provides an incentive to businesses. More...
The Association welcomes the introduction of six-year accelerated depreciation for machinery and equipment. It believes that it strengthens investment incentives and accelerates the modernization of Greek industry.
The new regulation changes the regime specifically for machinery and equipment, providing that related costs will now be amortized in six years, instead of ten.In six instead of ten years, companies will be able to depreciate their investments in mechanical equipment from 2027, with the new accelerated depreciation regulation creating a significant tax benefit This is aimed at boosting productive investment. Today, to determine the taxable profi…
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
Factuality
To view factuality data please Upgrade to Premium
